30 March
2022
Quantum Blockchain Technologies
Plc
( “QBT” or “the Company”)
Call of
Bondholders’ Meeting
Quantum Blockchain Technologies (AIM: QBT) announces that it has
written to the holders of the Company’s Zero-Coupon Bond,
originally issued in 2013 (the “Bond”), calling a meeting at
10.00 am on Wednesday 21 April 2022, at the Company’s registered office
seeking Bondholders’ approval of the following proposals (the
“Proposals”);
- to extend the maturity of the Bond from 15 December2022 to 15
December 2024;
- to amend certain terms of the Bondholders’ conversion right,
modifying the conversion price from £0.15 to £0.05.
All holders of the Bond are entitled to vote on the
Proposals. Eufingest SA (“Eufingest”), which holds €3m out of
the €4.8m total face value of the Bond currently in issue, has
confirmed to the Company that it intends to vote in favour of the
Proposals.
The Bondholders' meeting requires a quorum of two Bondholders
holding at least 66.66 per cent of the Bonds. If the meeting is
inquorate, it will be adjourned for 14 days. At any adjourned
meeting, any number of Bondholders will represent a valid
quorum.
Bondholders who wish to vote and whose Bonds are held in the
name of a broker, dealer, commercial bank, trust company or other
nominee institution (including as CDIs) must contact such nominee
promptly and instruct or make arrangements with such nominee to
vote in accordance with the customary procedures of the clearing
systems on behalf of the bondholders. Proxies are due no later than
10.00 am on 19
April 2022.
-ends-
This announcement contains inside
information for the purposes of Article 7 of the Market Abuse
Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and
is disclosed in accordance with the Company's obligations under
Article 17 of MAR.
For further information please
contact:
Quantum Blockchain Technologies Plc
Francesco Gardin, CEO and Executive
Chairman
+39 335 296573
SP Angel Corporate Finance (Nominated Adviser &
Broker)
Jeff
Keating
+44 (0)20 3470 0470
Kasia Brzozowska
Leander (Financial PR)
Christian
Taylor-Wilkinson
+44 (0) 7795 168 157
About Quantum Blockchain Technologies
Plc
QBT (AIM: QBT) is an AIM listed investment company which has
recently realigned its strategic focus to technology related
investments, with special regard to Quantum computing, Blockchain,
Cryptocurrencies and AI sectors. The Company has commenced an
aggressive R&D and investment programme in the dynamic world of
Blockchain Technology, which includes cryptocurrency mining and
other advanced blockchain applications.